· The Dow Jones Industrial Average .DJI fell 58.67 points, or 0.24 percent, to 24,753.09, the S&P 500 .SPX lost 6.43 points, or 0.24 percent, to 2,721.33 and the Nasdaq Composite .IXIC added 9.43 points, or 0.13 percent, to 7,433.85.
For the week, the Dow was up 0.2 percent, the S&P 500 was up 0.3 percent and the Nasdaq gained 1.1 percent.
· Wall Street currently expects 2018 earnings growth of 11.4 percent in the staples sector, down from the 11.6 percent expected on April 1 and slower than all but two of the S&P 500’s 11 other major sectors, according to Thomson Reuters data.
· Asian markets were mixed in early Monday trade, with the decline in oil prices weighing on energy stocks in the region, while investors digested weekend news regarding U.S.-North Korea relations.
· Japan's Nikkei 225 advanced 0.32 percent and the broader Topix added 0.19 percent. The Topix oil subindex fell 2.76 percent amid weakness in oil prices, but those losses were offset by gains in the real estate, utilities and technology sectors.
· In South Korea, the Kospi rose 0.66 percent as steelmakers and other manufacturing names advanced: Posco gained 3.18 percent and Hyundai Steel jumped 13.8 percent. Large cap technology names traded slightly lower in the early going.
Reference: Reuters, CNBC
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